According to the Video on Monopolies,one of the Major Forces

question 73

Multiple Choice

According to the video on Monopolies,one of the major forces that weakens monopoly power over the long run is

• A) government ownership of large firms.
• B) regulation by federal, state, and local governments.
• C) a rapid pace of technological change and innovation.
• D) significant economies of scale.
• E) high taxes on profits in excess of normal returns.

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Definitions:

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A type of pasta made in the shape of narrow tubes, commonly used in various dishes.

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A natural landform alongside a body of water, typically consisting of sand, pebbles, or rocks.

Residents

are people who live in a particular locality or are inhabitants of a specific area or city.

Beach

A natural landform alongside a body of water, typically consisting of sand, pebbles, or rocks, where people often go for recreation.